"Cost-effective" Pronounce,Meaning And Examples
"Cost-effective" Natural Recordings by Native Speakers
"Cost-effective" Meaning
Cost-effective refers to something that produces a high level of value or output while using a relatively small amount of resources, effort, or money. In other words, it is a product, service, or solution that provides a good return on investment or achieves a desired outcome at a lower cost than alternatives.
"Cost-effective" Examples
Cost-Effective
Examples
The new smartphone is a cost-effective option for those on a budget, offering many of the features of its more expensive counterparts at a lower price.
The company implemented cost-effective recycling programs to reduce waste and minimize expenses.
The new manufacturing process has proven to be cost-effective, allowing us to produce the same quantity of products with significantly less capital expenditure.
Many customers choose to stay at the budget-friendly hotel because it offers cost-effective accommodations without sacrificing comfort and amenities.
The decision to outsource the project to a local firm was a cost-effective solution, as it saved the company a substantial amount of money on labor and overhead costs.
"Cost-effective" Similar Words
Cosseting
Cosseting is a verb that means to treat someone or something with excessive care and indulgence, often to the point of pampering or spoiling. It can also refer to a soft, gentle, or soothing touch or movement.
Cossette
Cossette is a noun that refers to a small, ornamental casket or box used to enclose a deceased person's remains or portions of them, especially as a mourning token. It is often used in historical or literary contexts to describe a Victorian-era mourning custom where loved ones would divide a deceased person's body into small parts, encase them in decorative boxes, and keep them as a memorial.
Cossetted
Cossic
Cossical
I apologize, but the word "cossical" is not a real word in the English language. It's possible that it's a made-up or nonsense word. Additionally, a search in dictionaries and linguistic resources did not yield any results.
Cost-conscious
Cost-cutting
Cost-driven
Cost-driven refers to the process of making managerial decisions based on financial considerations, with a primary focus on reducing costs and increasing efficiency in order to achieve a competitive edge. It involves identifying and eliminating inefficiencies, negotiating better prices, and adopting cost-saving practices.
Cost-effectiveness
Cost-efficient
Cost-efficient refers to something that achieves its purpose or goal at the lowest possible cost or expense, often with minimal wastage or inefficiency. It is a measure of the value or benefit obtained from a particular investment, effort, or resource, relative to the cost or expense incurred. In other words, a cost-efficient process, product, or service is one that provides the maximum benefit with minimal costs, allowing for the optimal allocation of resources.
Cost-saving
Cost-sharing
Cost-sharing refers to a situation in which the costs of a project, activity, or expense are divided among multiple parties or individuals. This can be done in various ways, such as equally splitting the costs, or assigning a specific percentage of the costs to each party. The goal of cost-sharing is often to make a project or activity more affordable for each individual or party, or to encourage collaboration and participation.
Cost
The word "cost" refers to the amount of money that something requires or has required to be bought, made, or done. It can also refer to the effort or resources needed to achieve something, such as the emotional cost of a difficult decision.
Costae
Costage
Costage refers to a setting or backdrop used in a play, opera, or other performance. It is a stage design element that provides the visual context for the actors and their actions. In other words, it is the scenery or backdrop that sets the scene for the performance.